Hot Listing
Specialized Manufacturing/distribution - Acquisition Opportunity
Business Description
Galsa Capital & Consulting has the mandate to introduce potential buyers to our client. This privately held company manufactures and distributes products with specialized residential and commercial applications. Owners are active in the business and would like to sell 100% of the shares. They are prepared to stay on to provide a good transition (one-year consulting agreement) and are asking for the market price for the operation. The building is owned by the same shareholders and can be leased or rented (short-term).
Customer service is a top priority, and the company takes a consultative approach, educating clients on the differences between materials and focusing on quality installation and design. Use of top-quality products of respected brands, ensures the Company name and reputation are excellent, with great opportunities for growth in an eager market. Revenues and profits should be averaged as new accounting regulations regarding WIP reporting impact revenue recognition.
Galsa’s goal is to facilitate the sale of the company at a fair price. Our seller is prepared to accept a competitive multiple of normalized EBITDA, based on the quality of the operation and perceived risk. Once Galsa has identified a potential purchaser, we suggest we proceed as follows:
- Draft and execute a non-disclosure/confidentiality agreement.
- Initial Teams Call(s) to ensure that the expectations are aligned.
- Share preliminary financial and operational information.
Our objective is to receive formal letters of intent and select the best potential suitor. Following execution, the parties would initiate a due diligence process aimed at concluding a successful transaction.
Customer service is a top priority, and the company takes a consultative approach, educating clients on the differences between materials and focusing on quality installation and design. Use of top-quality products of respected brands, ensures the Company name and reputation are excellent, with great opportunities for growth in an eager market. Revenues and profits should be averaged as new accounting regulations regarding WIP reporting impact revenue recognition.
Galsa’s goal is to facilitate the sale of the company at a fair price. Our seller is prepared to accept a competitive multiple of normalized EBITDA, based on the quality of the operation and perceived risk. Once Galsa has identified a potential purchaser, we suggest we proceed as follows:
- Draft and execute a non-disclosure/confidentiality agreement.
- Initial Teams Call(s) to ensure that the expectations are aligned.
- Share preliminary financial and operational information.
Our objective is to receive formal letters of intent and select the best potential suitor. Following execution, the parties would initiate a due diligence process aimed at concluding a successful transaction.
About the Business
- Years in Operation
- 10
- Employees
- 26
- Facilities & Assets
- Current Premises
• 8,300 ft2 on 13,500 ft2 of land
• Manufacturing, warehouse, showroom
• Property owned by shareholders
• Will rent (short-term) or lease property to new owners - Market Outlook / Competition
- Excellent relationships with suppliers. Most of their raw materials for finished products are sourced locally. The profit margins on accessories varies but are generally high. The Owners strive to continuously improve operating procedures (administrative and manufacturing processes). This has resulted in increased profitability while maintaining quality and customer service levels.
The Owners feel that they are well positioned. Their manufacturing capabilities, design team, installation and turn-key offering sets them apart - Opportunities for Growth
- Location:
• Eastern Ontario
Type of Business:
• Manufacturer (Specialized) and turn-key design for higher-end homes
• Open 5 days / week
• Could grow if opened on weekends
The business maintains a family-oriented culture, emphasizing honesty, values, integrity, and exceeding customer expectations. The team works well together and strives to ensure customer satisfaction. The right fit for the business and community is important. The employees have been together for a long time and understand each other's working styles.
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Owners would like to sell company to the right buyer who will continue to move the company forward and bring it to the next level. The key owner (GM) would stay on to ensure a smooth transition.
HR:
• Well managed, fluid Cross-Trained workforce
• 18 Full Time
• 4 part time
• 4 contract workers
• In-house design
• Low Turnover
• Non-unionized environment - Financing Options
- A modest balance of sale over a short period would be offered under the right circums
Listing Info
- ID
- 2325561
- Listing Views
- 1937
Listing ID: 2325561 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.